Singapore:
Last
trading day saw STI closing 3315, which is 2017 peak. Looking forward,
3550 (peak since 2009) could be major resistance ahead. Looking
backwards, the rally could be longest stretch over past 9 years also.
There is a long list of financial results to be released on coming week,
which could determine market sentiment. A meeting among top oil
producing nations next week could affect mid term movement of oil price
as well.
Market Calendar on coming week:
(SG: Singapore; CH: China; UK: United Kingdom; US: USA; JP: Japan).
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